Archive for April, 2008

Property price fall will affect ‘debt burdened homeowners’

Wednesday, April 30th, 2008 Posted in News | Comments Off

Debt-burdened house hunters and homeowners will be affected by house price falls more than others, one expert has warned.Katie Tucker, the technical manager of mortgage advice company John Charcol, made ... Read more..

Mortgage lenders are ‘optimistic’

Wednesday, April 30th, 2008 Posted in News | Comments Off

Although the economy is experiencing a period of uncertainty, mortgage lenders are optimistic about the future, it has been suggested.According to a survey by the Intermediary Mortgage Lenders Association (IMLA), ... Read more..

First-time buyers ’still struggling’

Wednesday, April 30th, 2008 Posted in News | Comments Off

First-time buyers are not finding it any easier to purchase property, one expert has claimed, despite news this week that house prices are falling.Chief economist of Royal Institution of Chartered ... Read more..

Mortgages ‘not about to be boosted’ by Bank action

Tuesday, April 29th, 2008 Posted in News | Comments Off

Suggestions that the recent Bank of England issue of £50 billion in bonds to help create more liquidity for banks would quickly lead to an improvement in the mortgage market ... Read more..

Bling ‘brings Britons to brink of bankruptcy’

Tuesday, April 29th, 2008 Posted in News | Comments Off

An obsession with the latest fashion has left many young people in Britain spending too much and getting themselves into debt as a result, it has been suggested.Personal finance writer ... Read more..

Warning for remortgagers

Tuesday, April 29th, 2008 Posted in News | Comments Off

Remortgage figures from the Bank of England (BoE) show that the property market boom is over, according to a finance expert. David Kuo from advice and information website The Motley ... Read more..

Lending falls as mortgage screws tighten

Monday, April 28th, 2008 Posted in News | Comments Off

The increase in net lending to individuals for last month was below that seen in February, it has emerged.Figures from the Bank of England put the total net lending during ... Read more..

Warning over holiday debt risks

Monday, April 28th, 2008 Posted in News | Comments Off

Families have been urged to keep an eye on their debt levels and to not overspend during the May bank holiday weekend.The Co-operative Bank notes that children in the UK ... Read more..

Debt management ‘good for short term’

Monday, April 28th, 2008 Posted in News | Comments Off

Consumers struggling with repayments may well benefit from debt management in the short term, it has been stated.Debt Management Today reports figures from Chiltern that the national average of personal ... Read more..

Payment holidays a useful feature of mortgages, says expert

Sunday, April 27th, 2008 Posted in News | Comments Off

Homeowners are being urged to check the small print of their mortgages to see if they are entitled to take a break from their payments.According to MoneyExpert, 58 per cent ... Read more..

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